In February 2023, The Telegraph chose Nottingham as the most underrated city in England. But before you start gearing up for a move here, you might want to find out the latest house prices in different areas of the city. We’ve got you covered with the latest data from Rightmove.
A quick overview of the Nottingham housing market in 2023
Like almost everywhere in the UK, house prices in Greater Nottingham have been rising for years. Since 2010, they’ve nearly doubled, and they leapt in 2020 during the pandemic house-buying frenzy.
In the last year, the average price for a property in Nottingham was £256,318. That makes it a much more affordable city than many others in England – £372,894 is the cost of the average house coming to market in May 2023, according to Rightmove.
The average Nottingham property spends 122 days on the market as of June 2023. The market is slower in some areas than others, and that’s why cash house buyers can be useful if you’re looking to sell in Nottingham.
Rewind to early 2020 and Gedling was ranked the 29th best place for quality of life UK and the 4th best in the East Midlands. Since then, locals think it’s gotten even better.
Historically, Gedling is a place with very low crime rates and a good range of affordable yet high-quality housing. It’s also a great place to raise a family because there are several top primary schools nearby. Most are rated Good or Outstanding by Ofsted, including All Hallows C of E Primary School, the best in the area.
The village is located just 4 miles away from Nottingham, so it’s only a short commute to the centre. On average, just 20 minutes in the car. It’s equally easy to escape to the countryside from Gedling. Gedling Country Park is close by and offers breathtaking views of Nottinghamshire plus the chance to spy Lincoln Cathedral in the distance. Although a small village, Gedling Road provides many convenience stores and places to eat out. Supermarkets are only a short drive or bus journey away.
Cost of housing in Gedling
The average house price in this underrated village is less than you might think. Rightmove calculates the average to be £246,946 over the last year. The majority of sales during this time were semi-detached properties.
One of Nottingham’s many cheerful suburbs, Bramcote sits atop hills just 5 miles south of Nottingham’s city centre. It has a great reputation for a reason. Here you’ll become accustomed to a peaceful and safe way of life in a desirable location.
Bramcote’s features are typical of the best places in Nottingham. There are several green spaces in the suburb as well as a golf course nearby. The area is well served by schools such as Bramcote College, a secondary school rated Good by Ofsted. Foxwood Academy Special School is another Good Ofsted school in the area. Further education is also available in the area via Bramcote College Sixth Form.
Bramcote has all the amenities you need, including a leisure centre, doctor’s surgery, and pubs. For a big shop, it’s a short trip to neighbouring Stapleford or Beeston for Tesco, Sainsbury’s, Aldi and other supermarkets.
It’s also a good area for commuters. You can easily join the A52, also known as Brian Clough Way, to merge into the M1.
Cost of housing in Bramcote
How is the housing market getting on in Bramcote in 2023? Since 2020, prices of houses sold in Bramcote have increased by 22%, indicating a strong demand for housing in the area. Over the last year, the average price was £389,792, over £100,000 more than the Nottingham average. Semi-detached properties made up the majority of sales and sold for an average of £516,930.
Estate agents commonly report quick selling times in Bramcote, so it certainly isn’t the easiest place to buy a property. Some good news is there’s a new £30m development of 169 homes in Bramcote, now in its early stages.
The market town of Arnold is a reliable location for people who want to live just outside the city of Nottingham. One of the largest towns in Nottinghamshire, Arnold has a rich heritage as an industrial town and the originator of Home Brewery.
Residents report a friendly, welcoming ambience and satisfaction with everything the town has to offer. Arnold has one of the best schools in Greater Nottingham, Redhill Academy. The secondary school is currently rated Outstanding by Ofsted and is noted for its high standards for teaching.
The town nestles between two large country parks. Gedling Country Park is easily accessible to the east, while a short trip northwest will land you at Best Country Park. There are plenty of green spaces within Arnold as well.
In terms of shops, the area is well served by several supermarkets like Asda, Lidl, Aldi and Sainsbury’s. If you ever need to go to the city centre, it’s only a 15-20 minute drive depending on the time of day.
Cost of housing in Arnold
Like most areas of Greater Nottingham, Arnold has seen a spike in house prices since 2020, with an increase of 22%. In the last year, the average price was £244,081 for a house in Arnold.
Situated 5 miles south of Nottingham, Ruddington is a charming village with a strong sense of community. A regular flow of buses makes it easy to get to Nottingham’s city centre, so it’s a viable spot for commuters. Ruddington is known as a very safe village that suits those looking for a slower pace of life, ideal for families with young children.
You’ll have no issue getting out into the countryside when you live here. The Rushcliffe Country Park is close by, too. Here you’ll be treated to 8km of walking paths and many play areas for children. As a quaint little village, Ruddington is light on shops. But you’re not far from Clifton, a much more built-up area.
Cost of housing in Ruddington
Over the last 12 months, houses in Ruddington had an average price of £336,990. Semi-detached properties made up the majority of sales during that time and had an average selling price of £325,291.
Over the last year, the average sold price rose 5% compared to the previous year. This suggests Ruddington’s popularity has steadily increased in recent times. Indeed, average prices have increased by 12% since 2020.
According to Home, you can expect the average Ruddington property to spend 100 days on the market.
Hucknall is another area just outside Nottingham that can present excellent value to house buyers. It’s a town 7 miles north of the city and has reliable transport links via bus, rail and tram. There’s a tram at least every 15 minutes on weekdays running late into the night, so you’ll easily get into the city centre any time you like.
In addition to the town centre in Hucknall, you’ll find a Tesco Extra, a large public library and a leisure centre. Wilkos, B&M and Boots are just a few of the shops in the area, as well as most major high-street banks.
Hucknall has seen a massive improvement in recent years. Like almost everywhere, there are good and not-so-good bits in Hucknall. But if you do your research you can find many quiet, high-quality neighbourhoods with excellent housing stock.
Cost of housing in Hucknall
House prices in Hucknall hover just below the Nottingham average. Over the last year, the average price was £232,162, up 6% on the previous year.